FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

As Agent Bank, please be advised of the following rate determined on: 24/12/2012
Issue	¦ WESTPAC BANKING CORPORATION ABN USD 500,000,000 FRN DUE 2017
ISIN Number	¦ XS0835872960
ISIN Reference	¦ 83587296
Issue Nomin USD	¦ 500000000
Period	¦ 28/12/2012 to 28/03/2013			Payment Date 28/03/2013
Number of Days	¦ 90
Rate	¦ 1.28
Denomination USD	¦ 1000000		¦ 500000000		¦
Amount Payable per Denomination	¦ 3200.		¦ 1600000. 0		¦
Bank of New York
Rate Fix Desk	Telephone			¦ 44 1202 689580
Corporate Trust Services		Facsimile		¦ 44 1202 689601